Kabosu, the Shiba Inu dog that inspired the “doge” meme, has passed away. The popular internet celebrity dog was over 17 years old. Kabosu’s owner shared a blog earlier today, notifying fans and admirers of Kabosu’s passing. The blog stated, ‘We will be holding a farewell party for Kabo-chan on Sunday, May 26th. It will be held at Flower Kaori in Kotsu no Mori, Narita City, from 1 pm to 4 pm.‘
In December 2022, Kabosu’s owner took to Instagram and announced that his canine friend was suffering from acute cholangiohepatitis and chronic lymphoma leukemia, a form of cancer.
While Kabosu did seem to recover over the days after his diagnosis, it is possible that his old age did not allow for a better recovery.
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Kabosu’s iconic picture, which became a meme online, is the inspiration for many crypto projects. Dogecoin (DOGE) and Shiba Inu (SHIB) are among the most popular dog-themed cryptocurrencies. Others include Floki (FLOKI), dogwifhat (WIF), Bonk (BONK), etc.
Although this is a sad moment for a lot of people, one thing is for sure, Kabosu’s memory will live on for a long time, if not forever. He is one of the most iconic dogs in recent history, and his image has solidified in the cryptocurrency realm.
Will Shiba Inu and Dogecoin prices suffer because of Kabosu’s passing?
The cryptocurrency market has entered another slump today, but it is unlikely because of Kabosu’s passing. The market rally from a few days ago was due to speculation around the spot Ethereum (ETH) ETF (Exchange Traded Fund). However, the US SEC (Securities and Exchange Commission) has not yet approved a spot ETH ETF. The latest dip could be a correction as a result.
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Shiba Inu’s (SHIB) price has fallen 6.6% in the daily charts, 3.5% in the weekly charts, and 12.3% over the previous month.
Dogecoin (DOGE), on the other hand, has fallen 5.7% in the daily charts but is up 3.3% over the previous week.
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